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Updated almost 5 years ago,
New York City property tax higher on investment properties?
A realtor told me that New York City would charge a higher property tax on an investment property and suggested that I change my mailing address for tax bills from my primary residence to my investment property in order to save tax. I haven't been able to verify this info. Anyone knows about it?
And if it is true and I follow this advice to reduce a property tax, I would think that I would lose Federal tax benefits related to investment properties. Or am I wrong?